Investors' Soapbox PM

Pawnshop Stocks Won't Cash In

Median earnings-per-share growth estimates continue to fall for the sector.

May 29, 2012

Sterne, Agee & Leach

We are going into what is generally the weakest quarter (June) for pawnshops and direct lenders, and much of what we discuss here regarding the March quarter is likely to hold true for the June quarter.

The price of gold and the peso are lower than in March, and our primary solace 75% of the way through the June...